Industry News of the Day for December 21, 2022

By iDEA | December 21, 2022

Industry News

  • CDC Gaming Report: The United States Igaming Revenue Report — November 2022
    • An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, West Virginia, Delaware, and Connecticut, the six states where online gambling is legal in the U.S. Total igaming revenue for November 2022 in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $463.3, an increase of 26.5% over the $340.3 million in November 2021.
  • SBC Americas: GeoComply: World Cup Final behind Only Super Bowl In US Betting Interest
    • GeoComply’s data has revealed that the World Cup Final last weekend was the second most popular sports match of the year for US bettors, behind only the NFL’s Super Bowl. Argentina’s win over France attracted 7.9m geolocation checks in the US, placing it behind the Super Bowl (23.5m), but ahead of the last game of the NBA Finals (5.1m), the NCAA March Madness final (4.8m), and the NHL Stanley Cup final (1.9m) in terms of transactions.
  • iGB North America: Maverick Acquires Evergreen Gaming For $80.5m
    • US regional land-based casino operator Maverick Gaming has completed the acquisition of Evergreen Gaming Corporation in a deal worth $80.5m in cash. Under the agreement, which was able to complete following regulatory approval from the Washington State Gambling Commission, Maverick took control of all Evergreen’s shares and assets

Massachusetts

  • Legal Sports Report: Barstool Investigation Looms As Penn Casino Gets Massachusetts Sports Betting License
    • Penn Entertainment’s Boston-area casino has received a temporary retail Massachusetts sports betting license, allowing regulators to open an investigation into Barstool Sports. The Massachusetts Gaming Commission unanimously voted to approve the temporary MA sports betting license for Plainridge Park Casino Tuesday, ending several days of back-and-forth over concerns around Penn’s controversial media asset.
  • Gaming Today: Caesars Sportsbook Green-Lighted for Massachusetts Sports Betting License
    • Massachusetts now has three mobile sports betting apps on track to launch in the Bay State in time for March Madness. Since Monday, the Massachusetts Gaming Commission has found Caesars Sportsbook and BetMGM “suitable” for temporary mobile sports betting licenses. Caesars Sportsbook became the latest app to move toward licensure when it was found suitable on Tuesday. The app is one of two mobile sportsbooks approved by the MGC that are tied to Encore Boston Harbor casino. The other app — WynnBET — was awarded a mobile sports betting license last week.

Michigan

New Jersey

  • PlayNJ: LeoVegas Casino Terminates NJ Market Access Deal; What’s Next?
    • When talking about online casinos with the best chances of a Garden State launch, LeoVegas seemed like one of the frontrunners for a 2023 debut. However, if LeoVegas online casino is indeed on its way to New Jersey, the operator needs to secure a new market access agreement. The Swedish company, which is now owned by MGM Resorts International, did have a partnership with Caesars Entertainment. This is no longer the case.

New York

  • US Bets: A Deeper Look At New York’s Powerful Casino Location Board
    • For now, the parties bidding to land one of three downstate casino licenses from the New York State Gaming Commission are pleading their cases in the court of public opinion. Soon, they’ll have to make their ideas more formal. The Gaming Facility Location Board, which now has a quorum of three of five appointed members seated with two more candidates being evaluated, will issue a Request for Application by Jan. 2, according to gaming commission spokesman Brad Maione. By law, the RFA must be issued by Jan. 6.

Ohio

  • PlayOhio: Projection: Ohio Kiosks Could Take $80 Million In Sports Bets In 2023
    • Ohio’s sports betting market will feature a platform that could set a new standard for the gambling industry nationwide: the kiosk. PlayOhio projects that in its first year of legal gambling, the Ohio sports betting kiosk market could generate about $80 million in total bets and account for around 1% of the state’s total sports betting handle.
Posted in Daily Clips